Vidhya Arumugam Email & Phone Number

Chennai Area, India

Managed a 16M spend of projects and achieved a savings of 1M with in first 8 month on the jobDrafting SOW and CR and negotiating with Suppliers on the ITSA amendments.floting of RFQs and maintaining the benchmarking prices quoted by the vendors and negotiating with suppliers on the Non Billable HC deployment and Over all prices.Collaborate with business and Supplier to resolve the issues.Collaborate with the cross functional team for the process improvisations.Successfully executed the new SOW working model called Flex SOW where in sourcing governance has reduced to 50%Performing the cross functional audits with in the team.

Chennai, Tamil Nadu, India

Chennai Area, India

Bargained with 5 Top Distributor Suppliers and achieved a saving of 13%from the overall spend of 5M in (Q2’2019)To work in conjunction with key stakeholders to understand the businessrequirements and propose suitable sourcing strategies andmethodologies, influencing business in light of relevant policies andprocedure.Conduct market research in terms of raw materials, supplier databasesand risk mitigation to identify / track competitive pricing structures andrisks involved.Identify cost reduction opportunities through category management andspend analysis.Engage in RFX initiation process including RFI, RFP & RFQ and comparing /reviewing proposal content.Floating of RFQs and maintaining the prices quoted by the vendors.Price Negotiation with the vendorsEvaluate suppliers through score carding and negotiate & co-ordinate withthem / partners to get best quality and best price.Negotiate and select suitable service providers based on comparison ofquotations and other criteria offered by different providers.Negotiated and resolved contract terms and payment related issues.Co-ordinated with supplier regarding agreements, NDA & GBS

Chennai Area, India

 Forecast procurement needs. Develop and review purchase requests and ensure authorization as necessary to facilitate The timely purchase of new products  Plan, direct, or coordinate the activities of buyers, purchasing officers, and related workers Involved in purchasing materials, products and services Negotiate pricing and purchase goods and ensure delivery in a timely manner. Negotiate pricing and terms and conditions for services ensure delivery in a timely manner. Establishing foreign and domestic suppliers. Negotiating the lowest prices. Administering an Internal purchasing system and create a successful procurement process. Logistics handling for international shipments Marine insurances Studying sales records and inventory levels Coordinate with suppliers and placing orders